Overview

White Cement Market Introduction:

White Cement Market is estimated to value over USD 9.8 billion by 2027 end and register a CAGR of over 3.5% during the forecast period 2020 to 2027.

The global white cement market size expansion is steered by rapid growth, especially in the Asia Pacific civil industry. This is similar to the Portland cement barring its white fineness and colour. The raw materials used for preparing white cement contains iron oxide and manganese oxide in low amounts which gets the product its white colour. The product is mostly used for aesthetic civil projects and decorative works. Furthermore, they are used in pigment conjunction to create bright coloured concrete and mortar.

Initiatives undertaken by the government to spur infrastructural development in developing nations have propelled the civil industry worldwide. China made investments of over USD 1.5 billion in real estate in 2017. Out of these investments, residential buildings accounted for a share of over 65%. Similarly, India is experiencing rapid growth in real estate with multiple corporates establishing their bases in India. The real estate sector in India was estimated to be over USD 120 billion in 2017 and is predicted to reach up to USD one trillion in the next ten years.

Commercial, infrastructural and residential sectors are the important application segments in the white cement market. Amongst these, residential construction will possess the major white cement market share of the industry over the forecast period due to the increasing demand for personal housing, especially in the Latin American, Middle Eastern and the Asia Pacific region. Furthermore, the infrastructure segment will account for a substantial market share and will grow with a rapid CAGR due to the meteoric growth in civil projects across the world. Commercial segment’s market growth will be stimulated by the increasing civil projects for, retail shopping centres, warehouses, hotels, offices and manufacturing plants.

White Cement Market Segmentation:

By Type

· White Portland cement

· White masonry cement

· Others

By End Use

· Residential

· Commercial

· Industrial

By Region

· North America

· Europe

· Asia Pacific

· Latin America

· Middle East & Africa

FutureWise Key Takeaways:

• Growth prospects

• SWOT analysis

• Key trends

• Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the global white cement market by type, by end use and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— North America, Asia Pacific, Europe, Latin America and Middle East & Africa
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies